>>> IT IS TIME NOW FOR MONEY, POWER, AND TARIFFS.
PRESIDENT TRUMP SAID HE WILL
DELAY A TARIFF INCREASE CALLING
IT A GESTURE OF GOOD WILL.
JOINING ME NOW, A DEAR OLD
FRIEND OF MINE, A POLITICAL
CHIEF, A FRIEND OF MINE, BEN
WHITE, BECAUSE I’M SO EXCITED TO
SEE MATT, I’M GOING TO LET YOU
GO FIRST.
GO FIRST. DO THEY SHOW MEANINGFUL PROGRESS
HERE?
HERE? >> WE HAVE SEEN THIS SO MANY
TIMES BEFORE.
TIMES BEFORE. IT HEATS UP, IT COOLS OFF, MAYBE
THE ECONOMY IS TAKING A HIT FROM
THE TARIFFS, MAYBE I’LL MAKE
NICE WITH CHINA.
I DON’T KNOW IF IT CHANGES THE
PICTURE AT ALL IF BUTCHES THEM
BACK BY 15 DAYS.
AND DECEMBER 15th ALL OF THESE
CONSUME EVERY GOODS.
THEY’RE CLOSER TO GIVEN IN.
IT IS
IT IS -- GIVING IN, BUT THERE ISAMENTA
SHRIMP, CANCER PRODUCTS, IT
SEEMS LIKE THINGS THEY NEED.
>> EVERYBODY NEEDS SHRIMP,
RIGHT?
RIGHT? >> I’M SAYING IT’S THINGS THAT
HELPS U.S. INDUSTRY, IT’S THINGS
THAT CHINA IS LIKE YO YO YO, I
NEED THIS.
NEED THIS. >> YEAH, AND TRUMP TWEETED AGAIN
THAT THEY PROMISED TO BUY OUR
AGRICULTURE PRODUCTS.
AGRICULTURE PRODUCTS. LOW AND BOLD THERE ARE OTHER
MARKETS AND THEY HAVE
ALTERNATIVES TO THE U.S.
YES THEY WANT TO IMPORT SOME
THINGS FROM THE U.S., BUT
THEY’RE NOT MAKING HUGE CON
SUGGESTIONS RIGHT NOW.
>> EVE PEOPLE THAT SUPPORT HIM
TAKING ON CHINA CAN’T UNDERSTAND
WHAT HE CONTINUES TO SAY WE’RE
WINNING THIS WAR.
THE U.S. CONSUMER, THE ECONOMY,
WE FELT NOTHING, JUST A FEW DAYS
AGO THEY SAID THE UNITED STATES
HAS SEEN NO BACK FROM THESE STAR
RIFFS.
RIFFS. BUT NEW DATA SHOWS THAT AMERICAN
BUSINESSES ARE PAYING 6.8
BILLION.
BILLION. THAT IS AN INCREASE FROM THIS
TIME LAST YEAR.
>> YOU TOOK THE WORDS OUT OF MY
MOUTH.
MOUTH. THEY HURT THE HEARD LAND
COALITION.
COALITION. AND THE TARIFF STRAKER I THINK
TELLS THE STORY.
WE HAVE BEEN SAYING FROM THE
BEGINNING, AS YOU NOTED, WE
AGREE WITH THE OVERALL
CONTINUATIVES ANDCONTINUE
CONTINUATIVES ANDCONTINUE OBJECTIVES, AND I THINK THERE IS
A LOT OF SUPPORT TO ESTABLISH
THINGS THAT THE ADMINISTRATION
WANTS TO ESTABLISH.
SO THERE IS SUPPORT FOR THE
STRATEGY AND THE OBJECTIVE.
THERE IS NOT A LOT OF SUPPORT
FOR THE TACTIC.
AND THERE WAS SOME NUMBERS THAT
CAME OUT YESTERDAY.
I THINK THEY DID AN ANALYSIS
THAT UP TO 300,000 JOBS HAVE
BEEN LOST.
BEEN LOST. WE ASSESSED EARLY ON THAT IF ALL
OF THEM WENT INTO EFFECT ON ALL
550 OR 600 BILLION WORTH OF
GOODS FROM CHINA AT 25% THERE
COULD BE AS MANY AS TWO MILLION
U.S. JOBS LOST.
THERE ARE JOBS HERE, THEY ARE
MEASURABLE AND FELT, AND EVEN
THE ADMINISTRATION RECOGNIZES
THAT BASED ON THE DECISION THEY
TOOK LAST MONTH TO DELAY THE
IMPOSITION OF SOME OF THE FOURTH
STRETCH OF GOODS.
AND THEY SAID THEN WE DON’T WANT
TO JEOPARDIZE CHRISTMAS OR HURT
CONSUMERS.
CONSUMERS. I THINK THAT IS AN ADMISSION OR
RECOGNITION THAT THERE IS IMPACT
AND WE’RE STARTING TO SEE IT
NOW.
NOW. SO GETTING THE CHINESE AND OUR
U.S. NEGOTIATORS BACK TO THE
TABLE IN THE NEAR TEAR IS A
POSITIVE SIGN.
POSITIVE SIGN. WE WANT TO BE ABLE TO MAKE A
LITTLE PROGRESS.
LITTLE PROGRESS. >> COULD THE PRESIDENT PAY A
POLITICAL PRICE.
POLITICAL PRICE. AND THE PRESIDENT HAS VERY
RARELY SAID, THIS THING COULD
HURT IN THE SHORT TERM, BUT IN
THE LONG TERM IT WILL WORK, HE
SAID NO, TRADE WARS ARE EASY TO
WIN, WE’RE IN GOOD SHAPE.
>> NO, ABSOLUTELY IT COULD WIND
UP HURTING HIM.
I THINK IT IS ALREADY HURTING
HIM.
HIM. IF YOU LOOK AT ANY MAJOR
NATIONAL POLLS NOW.
HIS APROEFLPROVAL RATINGS ARE GO
DOWN.
DOWN. AND THAT IS PART OF A RESULT OF
THE TARIFFS AND THE TRADE OF
PEOPLE IN MANUFACTURING, THAT IS
WHY THEY DELAYED THE CHRISTMAS
TIME ONES, AND IT WILL HURT HIM
POLITICALLY IF JOB GROWTH GOES
FROM WHERE IT WAS TO 200,000
PLUS AND NOW IT IS MORE LIKE
150,000.
150,000. THEY SUGGESTED IT COULD BE DOWN
TO 50,000 LATER THIS YEAR NAP IS
NOT ENTIRELY RELATED.
BUT A BIG PIECE OF IT IN THE
UNITED STATES IS MANUFACTURING
IN RECESSION, CONSUMERS WORRIED
ABOUT HIGHER PRICES, RETAILERS
NOT HIRING AS MANY PEOPLE AND
THAT IS DOWN TO THE TRADE WAR.
THEY HAVE TO DO SOMETHING ABOUT
IT.
IT. >> MATTHEW, WHILE I HAVE YOU, I
HAVE TO ASK THERE IS A NEW
CAMPAIGN URGING RETAILERS TO END
THEIR RELATIONSHIP WITH THE NRA.
CONGRESS PUSHED GUN CONTROL
ACTIVISTS TOO LOOK ELSEWHERE FOR
CHANGE.
CHANGE. ARE RETAILERS PART OF THE
ANSWER?
ANSWER? >> FIRST WE HAVE TO ACKNOWLEDGE
THAT WE HAVE A UNIQUELY AMERICAN
TRAGEDY HERE.
TRAGEDY HERE. THE VIOLENCE CAUSED BY GUNS
REALLY IS A TRAGEDY.
THERE IS NOTHING WRONG WITH
THAT, IF WE CAN ENSURE THAT THAT
FRAME WORK IS FULLY EXECUTED.
THERE HAVE BEEN VERY TRAGIC
EXAMPLES OF PEOPLE WHO HAVE
THINGS IN THEIR BACKGROUND THAT
SHOULD HAVE CAUSED THEM TO HAVE
RED FLAGS AND A FIREARM.
IT IS AN EMOTIONAL AND A
COMPLEXION ISSUE.
COMPLEXION ISSUE. WE’RE VERY PROUD OF THE
DECISIONS THAT A NUMBER OF OUR
MEMBER COMPANIES MADE TO PULL
ASSAULT RIFLES AND HIGH CAPACITY
MAGAZINES OFF OF THE SHELVES.
OUR MEMBERS WILL MAKE THE
DECISIONS THAT MAKE SENSE FOR
THEIR MEMBERS, THEIR TEMPERATURE
MEMBERS, BUT WE HAVE 25,000
MEMBERS AND SIX, EIGHT, OR TEN
SELL GUNS.
SELL GUNS. AND THESE DO IT IS A SMALLER
PART OF THE BUSINESS.
SO THE STATISTICS THAT I HAVE
SEEN FROM THE BRADY CENTER AND
FROM THE GABRIELLE GIFFORDS
CENTER ON GUN CONTROL, IF YOU A
FEDERAL FIREARMS LICENSE YOU CAN
PURCHASE ANY KIND OF WEAPON IN
THE MAIL, AT WHOLESALE COST,
WITH NO BACKGROUND CHECK AND
THAT IS TO SAY NOTHING OF
PRIVATE PARTY SALES AND GUN
SHOWS.
SHOWS. THIS IS A VERY COMPLEXION ISSUE.
BUT THE SLIGS, I THINK, LIED
WITH CAPITOL HILL, STATE
LEGISLATURES, ELECTED LEADERS,
TO ENFORCE WHAT WE HAVE ON THE
BOOKS, TO FUND THE EXISTING